Euroview: Yen Soars After Earthquake

Strange, but true. The yen is considered a safe retreat in times of stress, and this is certainly one of them. Japanese companies and investors are bringing funds home too.

This transcript has been automatically generated and may not be 100% accurate.

... a devastating earthquake in Jakarta like they were picked market stories to die die ... as we expect the Japanese yen fell sharply when the quake ... taking ... the filly and spiking on a ten year again in all the rest of them ... now with any normal ordinary currency for or expect that weakest since the yen's know what any Woodley currency it happens to be one currency for the market considers the site retreat in times of stress ... Sir Pado not mention whether it ... sits right heel wrong way ... on party because Japanese companies investors and that's pretty bringing funds I hadn't because then that is that the what's happened ... again have TV screen higher in European hours the Tele and Braith that the euro yen the Australian dollar's collapse in the end he said in a pretty hefty Ms ... does a lot of things the market twenty thousand men and you resent that situation the situation comes in at least for now this quake to ... say we can produce but to bid more strength in the yen